Description:

A look at how the golf industry fared during the recessions of the 1970s, 1980s and 1990s, as well as how the industry may perform during the 2008-2009 economic slow-down. This report was prepared by NGF in association with Allen K. Lynch, Ph.D., director of graduate studies and associate professor of economics and quantitative methods in the Eugene W. Stetson School of Business and Economics of Mercer University in Macon, Georgia. In the report we compare golf club and golf ball unit sales vs. recessionary periods. When viewing this presentation you should turn on the "Notes Pages" feature to see the comments that we have attached to each of the slides.